Armenian national currency, the Dram, was introduced in November 1993. There are banknotes of 1000, 5000, 20000, 50000, 100000 Dram denomination. There are also coins of 10, 50, 100, 200, 500 Dram denomination. Foreign currency (USD, Euro, Canadian Dollar, Japanese Yen, Dutch Guilder, Russian Ruble, etc.) can be exchanged in banks and currency exchange offices throughout the country.